CME Group, Futures Industry Association, the Institute for Financial Markets and National Futures Association today announced that they have jointly commissioned a firm to study the costs and benefits of adopting an insurance regime for the U.S. futures industry.

CME Group's Craig Donohue will be retiring as CEO of the CME Group, the exchange announced today. Current exchange President Phupinder Gill will take over CEO position while Executive Chairman Terry Duffy will take on president duties.